About your Search

20121201
20121231
Search Results 0 to 3 of about 4
the 24th right-to-work state in america. as you see how it is spreading there in blue. steve moore, senior economics writer, "wall street journal." matt mccall, president of penn financial group. gentlemen, good morning to you. steve, what does it mean for michigan? by the way it is not signed into law yet. they have a five-day grace period. what does it mean. >> this story is shocker, bill. we heard about it tuesday. they caught the unions napping. it is huge for michigan. it is old industrial state. epicenter of the old rust belt. my studies and a lot of others show, states of right to work where the jobs are going. we covered that story last year when boeing wanted to move its facility out of washington to south carolina one of the reasons they wanted to do that, bill, because south carolina is a right-to-work state. it is huge for the economic future of michigan. the other point i would like to make, bill, unions say this is anti-worker, when in fact it is exactly opposite. all right to work laws do, people get confused about this, all these laws do say the union has the right
moore. this is an important issue in your bill is still needed. now the cftc proposed rule is helpful. there's no question they have created an exception for enter affiliate swaps that applies to nonfinancial end-users. the problem is there are two key issues, two problems not addressed by the cftc will. everyone, nonfinancial end-users have an eight step process or a criteria process financial users must meet and what criteria is posting margin between affiliates. again, if you have been a post variation merger between affiliates, the whole point behind an exemption from clearing requirements is defeated because your costs are roughly similar if you have the margin. second and very importantly there are lots of companies in your district and throughout the country that have treasury hedging centers in the cftc will doesn't do anything to exempt trade. if you have a nonfinancial end-user facing the market, if what that hedging centers set up to do this and turned to swaps, that hedging center would be a financial entity. so now you have a financial to financial swap is not eligible fo
. >> a little kiss. happy holidays. >> to you, as well. >> i saw demi moore just throwing herself at -- anyway, coming up, pictures -- coming up, president obama with a new proposal to avoid the fiscal cliff. but are we really closer? we're going to ask democratic senator kent conrad in a few minutes. ♪ ♪ [ male announcer ] they are a glowing example of what it means to be the best. and at this special time of year, they shine even brighter. come to the winter event and get the mercedes-benz you've always wished for, now for an exceptional price. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 glk350 for $399 a month at your local mercedes-benz dealer. at your local ...so as you can see, geico's customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's not real. geico's customer satisfaction is quite real though. this computer-animated coffee tastes dreadful. geico. 15 minutes could save you 15 % or more on car insuran
hikes and spending cuts. joining us from washington, republican congresswoman shelly moore capito. were you privy to everything that was happening yesterday? >> i was shocked when we went into the conference at 7:45 and the speaker, after offering this serenity prayer, said merry christmas, you're going home, we're not putting the vote up, we don't have the votes. i was disappointed, quite frankly. >> really? is it overstating it to say that, you know, some people characterize it that the president was not accepting the surrender of the gop anyway, so why not keep fighting? >> we needed to strengthen the speaker's hand in negotiations and i think by saying and reiterating that we didn't want taxes to go up by 98.1% of the population i think is a strong statement for us to go. we had -- would be moving one of the rates, and i think that that was a concession on our maert and i was disappointed we weren't able to send that over to the senate and say to them, all right. your turn. >> yeah, i know. but all these games. everybody knew the senate wouldn't take it up. the president promised he
Search Results 0 to 3 of about 4